Cost of living comparison
Iceland is 59.8% more expensive than Japan.
If you lived in Iceland instead of Japan, you would:
pay 2.4 times more for restaurants
Japan
|
Iceland
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.87
¥1,062
|
$17.84
kr2,519
|
|
Fast food combo meal
McDonalds, or similar
|
$5.20
¥803
|
$14.27
kr2,015
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.13
¥175
|
$2.32
kr327
|
|
Bottle of water (11 fl. oz) |
$0.90
¥139
|
$2.12
kr300
|
|
pay 19.4% more for groceries
Japan
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.58
¥245
|
$3.42
kr484
|
|
Local cheese (8 oz) |
$6.69
¥1,035
|
$5.98
kr845
|
|
Milk (1 gallon) |
$5.53
¥854
|
$5.33
kr752
|
|
Eggs
1 dozen
|
$1.87
¥289
|
$5.66
kr799
|
|
Boneless chicken breast (1 lb) |
$3.14
¥486
|
$7.09
kr1,002
|
|
Apples (1 lb) |
$2.55
¥394
|
$1.16
kr164
|
|
Bananas (1 lb) |
$1.34
¥208
|
$0.98
kr139
|
|
Oranges (1 lb) |
$2.07
¥320
|
$1.17
kr166
|
|
Tomatoes (1 lb) |
$2.14
¥331
|
$1.84
kr259
|
|
Potatoes (1 lb) |
$1.37
¥212
|
$0.96
kr135
|
|
Onions (1 lb) |
$0.98
¥151
|
$0.51
kr72
|
|
pay 26.4% more for transportation
Japan
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.79
¥740
|
$8.03
kr1,135
|
|
Monthly public transit pass |
$77.51
¥11,985
|
$77.40
kr10,932
|
|
New Volkswagen Golf 1.4 (standard edition) |
$20,322.73
¥3,142,403
|
$29,836.83
kr4,214,452
|
|
Taxi trip in downtown area (5 miles) |
$26.34
¥4,073
|
$23.97
kr3,385
|
|
pay 92.2% more for housing
Japan
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$36.05
¥5,574
|
$62.40
kr8,814
|
|
1-Bedroom apartment in downtown area |
$586.71
¥90,719
|
$1,437.14
kr202,996
|
|
1-Bedroom apartment outside city center |
$401.57
¥62,092
|
$1,215.63
kr171,707
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$142.79
¥22,078
|
$68.63
kr9,694
|
|
pay 51.1% less for childcare
Japan
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$343.45
¥53,106
|
$259.34
kr36,632
|
|
Middle school for 1 child, two semesters |
$12,362.75
¥1,911,590
|
$2,750.10
kr388,451
|
|
pay 69.3% more for entertainment and sports
Japan
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.03
¥469
|
$8.52
kr1,204
|
|
Cappuccino in mid-range area |
$3.16
¥489
|
$4.15
kr587
|
|
Pack of cigarettes
Marlboro or similar
|
$4.29
¥663
|
$10.64
kr1,502
|
|
Monthly membership at local gym |
$61.62
¥9,529
|
$56.90
kr8,037
|
|
Movie ticket to theater/cinema |
$13.07
¥2,021
|
$12.27
kr1,734
|
|
pay 2.2 times more for clothing
Japan
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$43.55
¥6,733
|
$118.08
kr16,678
|
|
Regular dress
from H&M or similar store
|
$32.13
¥4,968
|
$50.39
kr7,117
|
|
Running shoes
Nike or Adidas
|
$59.61
¥9,218
|
$151.12
kr21,345
|
|
Men's business shoes (leather) |
$90.53
¥13,999
|
$175.20
kr24,747
|
|
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